GAIL (India) December futures trade at discount
The Nifty December 2017 futures traded at 10206.85, a premium of 40.15 points over Nifty's spot closing of 10166.70 in the cash market.
Turnover on the National Stock Exchange's futures & options (F&O) segment jumped to Rs 11.62 lakh crore, compared with the turnover of Rs 6.77 lakh crore registered in the previous session.
In the cash market, the Nifty 50 index advanced 122.60 points or 1.22% to settle at 10,166.70, its highest closing level since 30 November 2017.
DLF, Maruti Suzuki India (MSIL), Reliance Industries (RIL), GAIL (India) and State Bank of India (SBI) were the top traded individual stock futures contracts in F&O segment of NSE. DLF December 2017 futures traded at 240.15, at a premium over spot closing of 238.80. MSIL December 2017 futures traded at 8909, at a premium over spot closing of 8900.
RIL December 2017 futures traded at 937.20, at a premium over spot closing of 932.45. GAIL (India) December 2017 futures traded at 490.50, at a discount compared with spot closing of 495.15. SBI December 2017 futures traded at 318, at a premium over spot closing of 316.25.
The December 2017 F&O contracts expire on 28 December 2017.
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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)